Saskatchewan will hold the line on education property tax this year.
However, some property owners will still see education taxes go up while others will see theirs decline.
Premier Brad Wall today announced at the Saskatchewan Association of Rural Municipalities conference that significant property tax increases for everyone would result if the government didn’t reduce the education tax mill rate in the March 20 budget.
That’s because the most recent property valuations show a 67 percent increase in overall value across the province in the last four years, from $58 billion to $97 billion.
Government relations minister Jim Reiter had signaled the government was considering how to mitigate the increase.
“Today, I’m pleased to announce that despite some significant pressures on our provincial budget, we will hold the line on education property taxes in 2013,” Wall told the SARM convention.
Some will still see taxes increase because their assessments increased more than average, he said.
The premier also announced a $120,000 rural physician incentive for recent medical graduates who establish practices in communities of up to 10,000 people.
